Foundations Are in a Better Place. Endowment Returns Hit Double Digits.
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Russia: First NSR International Boxship Route to Start as Box Volume Grows
Russian officials are again highlighting the growth of shipping and specifically containership along the Northern Sea Route. In just 10…
Land-Based Tests Underway for Seawing Automated Kite System
Japan’s Kawasaki Kisen Kaisha (“K” LINE) reports its subsidiary Oceanic wing completed the first phase of land-based testing for the…
USCG Exercises Austal Option for Offshore Patrol Cutters
Austal Limited announces that the United States Coast Guard has exercised options worth US$314 million (A$480 million) with Austal USA…
China Unveils Large Shipboard Laser System for "Maritime Attack"
China’s military has unveiled a previously-unseen laser weapons system at its massive parade in Beijing. The new LY-1 laser is…
After Six Years, CSSC Completes its Megamerger With CSIC
After years of preparation, the megamerger of Chinese shipbuilding giants CSSC and CSIC has finally been completed. Though the two…